INCOME (LOSS) PER SHARE (Tables)

9 Months Ended

Jun. 30, 2019

INCOME (LOSS) PER SHARE

Schedule of computation of basic income per share to diluted income per share

The following table reconciles our computation of basic income  per share to diluted income per share:

	Three Months Ended				Nine Months Ended
	June 30,				June 30,
	2019		2018		2019		2018
Basic net income (loss) per share:
Net income (loss) applicable to common shareholders	$	(426)	$	(75)	$	(1,080)	$	6
Weighted average common shares outstanding		10,493		8,273		10,343		8,274
Basic net income (loss) per share	$	(0.04)	$	(0.01)	$	(0.10)	$	0.00
Diluted net income per share:
Diluted net income (loss) applicable to common shareholders	$	(426)	$	(75)	$	(1,080)	$	6
Weighted average common shares outstanding		10,493		8,273		10,343		8,274
Plus:  Incremental shares from assumed conversions:
Series A preferred shares		—		—		—		351
Dilutive stock options/shares		—		—		—		27
Diluted weighted average common shares outstanding		10,493		8,273		10,343		8,652
Diluted net income (loss) per share	$	(0.04)	$	(0.01)	$	(0.10)	$	0.00